Jamaica approves transfer of key licences to Carube Copper
2017-04-20 15:02:35 【Print】
BEIJING (Asian Metal) 20 Apr 17 - Carube Copper Corp
“Now that the Licenses are 100% in the company’s name, we can move forward with aggressive exploration programs on our flagship Bellas Gate Project and the newly acquired highly prospective licences . Armed with the $14M exploration data package from OZ Minerals as well as our recently closed $1 . 6M financing, we plan to start our programs immediately,” said Jeff Ackert, President and CEO of the Company.
To date, Carube Copper has identified seven porphyry centres at the Bellas Gate Project alone . Many identified prospective areas on all Licenses have yet to be drill tested . Drill results have indicated strong and consistent mineralization in well altered porphyry style sequences.
. (“Carube Copper” or the “Company”) announced that the Company has received the official transfer documents from the Jamaican Ministry of Transportation and Mines for seven Special Exploration and Prospecting Licences previously held by OZ Minerals . Carube Copper now has 100% ownership of eleven Licenses covering 535 square kilometres in Jamaica.
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